New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 16, 2014
07:57 EDTHMC, TM, GM, F, FIATY, VLKAY, USB, WFCAutomakers increase share in car loan market, Reuters says
Carmakers' financing units made half of all new U.S. car loans in the first quarter, which was their biggest share of the market in four years and up from 37% a year ago, according to Reuters, citing data from Experian. As the automakers take an increasing share, banks such as U.S. Bancorp (USB) and Wells Fargo (WFC) have been pushed into riskier parts of the loan market, such as financing for used cars, the report noted. Publicly traded automakers include Fiat (FIATY), Ford (F), General Motors (GM), Honda (HMC), Toyota (TM) and Volkswagen (VLKAY). Reference Link
News For HMC;TM;GM;F;FIATY;VLKAY;USB;WFC From The Last 14 Days
Check below for free stories on HMC;TM;GM;F;FIATY;VLKAY;USB;WFC the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | 6 | 7 | all recent news | >>
September 4, 2014
06:25 EDTFIATYFiat reports exercise of cash exit rights, offer to Fiat shareholders
Subscribe for More Information
06:13 EDTWFCWells Fargo implied volatility of 12 at lower end of index mean range
06:02 EDTGMGM supplier Magna begins construction on new Tennessee facility
Magna International (MGA) yesterday announced that it has started construction on a new, state-of-the-art manufacturing facility located in Spring Hill, Tennessee. The 122,500-square-foot facility will manufacture complete seat assemblies supplying General Motors' (GM) Spring Hill Assembly Plant. The plant will be fully operational in January 2015. The new facility becomes Magna's fifth location in Tennessee and is expected to employ approximately 75 people when it begins production next year.
September 3, 2014
12:43 EDTHMCHonda reports August U.S. sales up 0.4% to 167,038 units
Subscribe for More Information
12:33 EDTGM, FIATY, FOn The Fly: Midday Wrap
Stocks on Wall Street were higher to begin the day, as reports spurred optimism that a ceasefire agreement between Russia and the Ukraine may soon be reached. The move was short lived, as the averages turned mixed during the second hour of trading. Shares of Apple (AAPL) are weighing down the Nasdaq after an analyst recommended investors take some profits in the stock. ECONOMIC EVENTS: In the U.S., factory orders rose 10.5% in July, which was a bit below the forecast for 11.0% growth. The Fed's Beige Book is scheduled to be released at 2:00 pm ET. In Europe, the final reading of Eurozone services PMI was knocked down to 53.1 from a preliminary 53.5 reading, mirroring the lowering of the Eurozone manufacturing PMI reading yesterday. COMPANY NEWS: Shares of Apple retreated 4% after research firm Pacific Crest advised investors to take some profits in the stock. Pacific Crest analyst Andy Hargreaves forecast the percentage of new iPhone users who buy the next version of the device beyond the iPhone 6 is likely to decline versus prior cycles. The stock likely has only limited room to increase, according to Hargreaves, who said he would probably downgrade Apple unless new products that can generate billions of dollars in new operating profit are launched at its September 9 event... Carmakers reported on August vehicle sales in the U.S., with Chrysler (FIATY) reporting a 20% increase, Ford stating that sales rose slightly compared to the prior year and General Motors (GM) posting a 1.2% decline in sales. MAJOR MOVERS: Among the notable gainers was Infinity Pharmaceuticals (INFI), which jumped 46% after the company announced a cancer drug collaboration with AbbVie (ABBV) and a master clinical supply agreement with Roche (RHHBY). Also higher was Mobileye (MBLY), which gained nearly 10% after Morgan Stanley wrote that the stock could rise "towards $100" if the company maintains its current market, gross margins and earnings position. Mobileye is scheduled to report on its second quarter results tomorrow morning, which will be its first quarterly report since its August IPO. Among the noteworthy losers was Repros Therapeutics (RPRX), which dropped 15% after newly posted FDA briefing documents regarding a panel on T-normalizing therapies prompted Piper Jaffray to downgrade the stock to Neutral from Overweight. Also lower following its earnings report was apparel company Vince Holding (VNCE), which fell 11%. INDEXES: Near midday, the Dow was up 33.71, or 0.2%, to 17,101.27, the Nasdaq was down 23.24, or 0.51%, to 4,574.95, and the S&P 500 was down 0.64, or 0.03%, to 2,001.64.
11:53 EDTHMCHonda reports August U.S. sales of 151,551 vehicles
Honda stated on its Twitter account: "All-time-best Accord sales of 51,075 vehicles lead Honda division to 3rd best month ever with 151,551 new Honda vehicles sold in Aug."
10:20 EDTVLKAYVolkswagen reports August U.S. sales down 12.8% to 35,181 units
Subscribe for More Information
10:18 EDTTMToyota reports August U.S. sales up 6.3% to 246,100 units
Subscribe for More Information
10:17 EDTFFord says August industry sales likely reached mid-17M annual pace
Says total industry sales likely closed out at mid-17M range on a seasonally adjusted annualized basis. Says August SAAR may have reached 15M vehicles. Says industry "very strong at this stage of recovery." Says pressure on passenger cars continues. Says Fusion sales on pace to top 300,000 for first time. Says has 69-day supply of vehicles, up from 65-day supply last year. Comments made on Ford's August U.S. sales conference call.
10:13 EDTTMToyota reports August U.S. sales up 6.3%, Bloomberg says
Subscribe for More Information
09:34 EDTGMGM reports August U.S. sales down 1.2% to 272,423 units
Subscribe for More Information
09:31 EDTGMGeneral Motors reports August U.S. sales down 1.2% to 272,423 vehicles
09:31 EDTFFord reports August U.S. sales up 0.4% to 222,174 vehicles
Subscribe for More Information
08:19 EDTFIATYChrysler sees August U.S. industry SAAR of 17.4M
Subscribe for More Information
08:18 EDTFIATYChrysler ends August with 64 days supply inventory
Chrysler Group finished the month of August with a 64 days supply of inventory, or 471,930 units.
08:17 EDTFIATYChrysler reports August U.S. sales up 20% to 198,379 units
Chrysler Group reported U.S. sales of 198,379 units, a 20% increase compared with sales in August 2013 and the group's best August sales since 2002. The Chrysler, Jeep, and Ram Truck brands each posted year-over-year sales gains in August compared with the same month a year ago.
07:29 EDTUSB, WFCFinal liquidity, swaps margin rules to be unveiled today, Reuters says
Subscribe for More Information
06:34 EDTUSB, WFCFBI hasn't found evidence JPMorgan hack hit other big banks, WSJ reports
The FBI hasn't found any evidence to suggest that the recent breach at JPMorgan hit any of the other big U.S. banks, the Wall Street Journal reports, citing four people close to the probe. JPMorgan said it isn't experiencing "unusual amounts of fraud," and, according to two sources, consumers "likely don't face a serious risk." Reference Link
06:29 EDTGMGeneral Motors looking to fend off ignition-switch recall review, WSJ reports
Subscribe for More Information
06:29 EDTVLKAYAudi CEO foresees selling over 1.7M vehicles this year, Reuters says
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | 7 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use